Telkom seeks R1,3bn outsourcing saving

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Telkom seeks R1,3bn outsourcing saving

TELKOM may be able to trim R1,3bn a year off its running costs with a deal to outsource the care and maintenance of its core network.

The operator is assessing proposals by international equipment suppliers and technology integration providers, and will enter detailed talks with prospective partners soon.

Why do they need to trim running costs when they're still making BILLIONS in profit every year? Or is this a case of managers trying to up profits and bonuses in the short term so they get better bonuses before Neotel and the other telcos start eating them for lunch.